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1st Anniversary Liberation Of Kuwait Silver Coin - Worth?

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New Member
United States
5 Posts
 Posted 09/24/2012  01:05 am  Show Profile   Bookmark this reply Add clm802 to your friends list
Thank you so much for the information and help, and that's so odd, wondering if there are other factors that come into play then. Or maybe it's just timing and the $109 sale was because there was a collector/buyer avidly looking for that specific coin at that time. Thanks again, much appreciated!
Pillar of the Community
United Kingdom
2891 Posts
 Posted 09/24/2012  01:27 am  Show Profile   Bookmark this reply Add Bacchus2 to your friends list
No - BIN means "buy it now". Somebody is trying to sell it at that price and there are no takers. The seller has priced it much higher than the average market will take and is likely just hoping for the one guy who just wants it at any price. The fact that an open auction start of $35 didn't rise any further is more indicative.
New Member
United States
5 Posts
 Posted 09/24/2012  01:57 am  Show Profile   Bookmark this reply Add clm802 to your friends list
Ohhh, okay, I didn't know the acronym but I understand now. And yes, I see what you're saying and what it indicates. Thanks for explaining that to me. :)
Valued Member
United States
230 Posts
 Posted 09/24/2012  02:18 am  Show Profile   Bookmark this reply Add vb3347 to your friends list
I think a fair price for this coin is about 10% over bullion value, so right now somewhere between $30 and $35.
New Member
United States
5 Posts
 Posted 09/24/2012  02:21 am  Show Profile   Bookmark this reply Add clm802 to your friends list
Thank you vb for your help with the coin. I'm thinking the same thing just wasn't sure, good to hear from those who know.
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Australia
16864 Posts
 Posted 09/24/2012  07:19 am  Show Profile   Bookmark this reply Add Sap to your friends list
Here's the NGC database entry for it. It isn't an official government-issued coin, so it's not listed in the mainstream coin catalogue. Instead, you'll find it in the companion guide "Unusual World Coins". According to that, the book value is $65.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
United States
5 Posts
 Posted 09/24/2012  09:10 am  Show Profile   Bookmark this reply Add clm802 to your friends list
Great information Sap, thank you so much! I didn't realize it wasn't government-issued, good to know.
New Member
United States
3 Posts
 Posted 12/27/2018  6:21 pm  Show Profile   Bookmark this reply Add jkid to your friends list
Hello all,
I have a follow-on question for this old thread...

I found some interesting information regarding this particular coin and was wondering how to interpret the information? Please see link below. Also, this link seems to imply that this coin was produced/authorized for production by the Central Bank of Kuwait. What are your all's thoughts on that issue? Does anyone know current value of this coin and original production quantity? I will gladly buy a good book and do more homework on this issue if one can be suggested on this particular coin. Thank you in advance.

www.chiefacoins.com/Database/Countries/Jabir_III-AlSabah.htm#1991
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United States
7962 Posts
 Posted 12/27/2018  9:53 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list
Three of these have sold on ebay recently, at prices of approximately $25, $30 and $45.

So this gives the current market value.
Edited by tdziemia
12/27/2018 9:54 pm
Pillar of the Community
United States
4212 Posts
 Posted 12/28/2018  7:35 pm  Show Profile   Bookmark this reply Add fioti to your friends list
I like the revival of old threads, like this one.
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United States
189767 Posts
New Member
United States
3 Posts
 Posted 01/08/2019  9:05 pm  Show Profile   Bookmark this reply Add jkid to your friends list
Thank you, jbuck! Glad to be a part. Hopefully I can learn some things on this forum and get spun up on some coins that I am interested in. There seems to be much much useful information on here!
New Member
United States
3 Posts
 Posted 01/08/2019  10:08 pm  Show Profile   Bookmark this reply Add jkid to your friends list
I found another link for this coin that gives some information along with a price for anyone interested...

https://www.NGCcoin.com/price-guide...duid-1443616
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Bedrock of the Community
United States
36878 Posts
 Posted 01/09/2019  11:43 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
Depends on if you are buying or selling. Retail $65, wholesale around $25-30.
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